Zephyr Minerals Ltd. reported a geological mapping, trenching and channel sampling program has recently been completed with a focus on identifying additional drill targets and confirming the continuation of the Dawson gold bearing structure in both east and west directions. The geological mapping program combined with a strong, geophysical magnetic low signature was successful in indicating that the gold mineralized Dawson Shear Structure at the Sentinel Zone continues for a minimum of 300 m to the east of the Dawson Zone and remains open. The Sentinel Zone geology has all the attributes for the continuation of the high grade gold resource directly to the west in the Dawson Zone. Sentinel has never been drilled. Analytical results for channel samples collected at Windy Point, Windy Gulch and Sentinel are expected by the end of January 2018. The strong magnetic low at Sentinel is the easterly continuation of the magnetic anomaly coincident with the Dawson Zone which hosts the principal gold resource on the Dawson Property. Trenching and geological mapping has confirmed the presence of a thick (20 to 25 m) interval of the favourable biotite aplite unit which is the principal gold host at the Dawson Zone. Both the magnetic anomaly and the biotite aplite unit are open to the east. This area is viewed as having high potential to contain significant additional gold mineralization on the Dawson Property and will be drilled in the next drill campaign. Important findings were also made in the western portion of the property where geological mapping suggests the Dawson Shear Structure is continuous between the Windy Gulch Zone and the Windy Point Zone, and not fault offset as had been previously believed. In addition, the gold mineralization discovered in shallow historic drill holes at the Windy Point Zone was determined to be hosted in a north-northwest striking cross-cutting structure (the "North Structure"), distinct from the east - west Dawson Shear Structure. This is potentially an important new development as the intersection of the newly recognized North Structure with the Dawson Shear Structure represents a highly attractive drill target given that both structures are gold mineralized. It is anticipated this target will also be drilled in the next drill program along with a host of additional drill targets along the entire strike length of the Dawson Shear Structure on the Dawson Property.